Schroder UK Alpha Plus L Inc
|Bid Price||GBX 57.61||Offer Price||GBX 58.06|
|Mid Price||-||Day Change||GBX +0.04 (0.07%)|
|Price Date||20 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.26 %|
|Total Expense Ratio||0.00||Fund Size||1,042,100,000.00|
|Launch Date||24/06/2002||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.68||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BDD2JC82||Min TopUp (£)||0.00|
The Fund's investment objective is to provide capital growth through investment in UK and other companies. In order to achieve the objective the manager will invest in a focussed portfolio of securities. The emphasis of the Fund will be investment in UK companies. The Fund may also invest in companies headquartered or quoted outside the UK where those companies have material or critical operations within, or derive significant business from, the UK. Fixed interest securities may be included in the portfolio. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Philip Matthews joined Schroders in October 2013 to take over management of the Schroder UK Alpha Plus Fund. At the beginning of 1999 Philip joined Jupiter's fund management department and has managed both retail and UK institutional portfolios since November 2001. Philip has managed the Jupiter Growth & Income Fund since April 2006 and was also the Deputy Fund Manager of Jupiter Income Trust. Prior to this Philip worked at Chesterton plc in the Residential Investment and Development Department. Philip Matthews studied at Cambridge University where he gained a degree in Modern & Medieval Languages.